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(Z18) Downtrend Intact *RES....>

US 10YR FUTURE TECHS: (Z18) Downtrend Intact
*RES 4: 120-18 Descending trendline (off May and Aug highs)
*RES 3: 119-21/27 100-dma/Former range top (Jul/Aug)
*RES 2: 119-02 Aug 1 low, now resistance
*RES 1: 118-72 50% 120-24-117-19
*PRICE: 117-26 @ 09:20 GMT, Oct 5
*SUP 1: 116-30 Bear channel bottom (continuation chart)
*SUP 2: 116-20 Breakout target from triangle pattern (continuation chart)
*SUP 3: 115-46 61.8% Retracement of 103-20+ to 135-29
*SUP 4: 114-82 Nov 1 2016 high, now support
After a period of weakness, failure to recover 118-00 keeps the bearish trend
firmly intact. The bear-channel bottom comes into play at 116-30, below here
opens the breakout target from the triangle pattern seen over the May-Aug
period. Bulls need to overcome the Sep 25 low, now acting as resistance at
118-11. A break above here would open the Aug 1 low at 119-02, ahead of the
100-dma at 119-21.

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